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Assisted Walking Device Market

The study segments the Assisted Walking Device industry in light of major classification such as product type, potential markets, application, and end-user.

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Assisted Walking Device Market

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  1. Assisted Walking Device Market To RseachUSD 2.14 Billion By 2026

  2. Market Summary The rise in geriatric population, an increase in chronic conditions like Parkinson’s disease and arthritis is boosting the market for assisted walking devices.Market Size – USD 1.97 Billion in 2018, Market Growth - CAGR of 1.04%, Market Trends –Advancement in assistive technology.The Global Assisted Walking Device Market is forecast to reach USD 2.14 Billion by 2026, according to a new report by Reports and Data.The main focus of assisted walking devices is empowering individuals with disabilities and help them restore their ability of movement and mobility. The major driving factor promoting the global assisted walking device is a rise in geriatric population who are exposed to chronic conditions like arthritis and associated musculoskeletal issues. As a result of the increase in the geriatric population, there has been a positive impact on the global assisted walking device market.Apart from the rise in geriatric population, technological advancements also help in boosting the market. It is because of technological advancements; there have been enhancements in assistive technologies, making assisted walking devices user-friendly. Hence, developments in assistive technologies have also resulted in making a positive impact on the global assisted walking device market. Applicability of assisted walking devices in chronic conditions like Parkinson's disease, arthritis, and tendonitis that requires rehabilitation equipment followed by surgeries, also have a positive impact on the market. www.reportsanddata.com

  3. Further key findings from the report suggest • With the rise in geriatric population, the number of individuals seeking assistive walking facilities will rise. • In the year 2018, global assisted walking device market held a market share of USD 1.97 Billion, which is forecasted to reach USD 2.14 Billion by 2026. • Apart from the rise in geriatric population, the market is also boosted due to the high rate of prevalence of disabling neurological conditions like Parkinson's disease, Alzheimer's, in which assisted walking devices are applicable. • These devices are also applicable in rehabilitation programs followed by surgical operations to promote muscle functioning and restore body balance among disabled and sedentary individuals. • Such a diverse application of these devices result in having a positive impact on the market growth of assisted walking device market. • Government supports provided to individuals with a disability while buying mobility products like exemption of VAT on these products also promotes the market. • The global assisted walking device market is dominated by North America that held a market share of 32% in the year 2018 with a CAGR of 1.4% during the forecast period. • The reason for North America to dominate the market is a rise in geriatric population, technological advancements promoted by key players of the region and government support provided to individuals with a disability. • In regards to application, assisted walking devices can be seen to be mostly applied in hospital and care home, which held a market share of 33% and 29% respectively, in the year 2018.

  4. Market Summary • Key Players: • Permobil Inc., Invacare Corporation, GF Health Products, Inc., Honda Motor Co., Ltd., Betterlifehealthcare Ltd., Besco Medical Co., Ottobock, C.T.M. Homecare Product, Inc., Pride Mobility Products Corp., Sunrise Medical (US) LLC, Aetna Inc., Ossenberg GmbH, Electric Mobility Euro Ltd. • Segmentation: • For the purpose of this report, Reports and Data have segmented the global assisted walking device market based on Product Type, Application, Technologies, and Region: • Product Type Outlook (Revenue, USD Billion; 2016-2026) • Wheelchairs • Walkers • Walker cane hybrid • Crutches • Canes • Gaits belts and lift vests • Prosthetic Limb • Power scooters • Others To look at the PDF Sample Report and get 30 minutes of a free consultation @ https://www.reportsanddata.com/sample-enquiry-form/1409 www.reportsanddata.com

  5. Market Summary • Technologies Outlook (Revenue, USD Billion; 2016-2026) • Low Tech • Mid Tech • High Tech • Application Outlook (Revenue, USD Billion; 2016-2026) • Hospital • Care Home • Clinic • Others • Regional Outlook (Revenue, USD Billion; 2016-2026) • North America • Europe • Asia Pacific • MEA • Latin America Grab Your Report at an Impressive Discount! Please Click Here : https://www.reportsanddata.com/make-enquiry-form/1409 www.reportsanddata.com

  6. The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  7. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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